Commitment and Contingencies (Tables)

9 Months Ended

Sep. 30, 2020

Commitments and Contingencies Disclosure [Abstract]

Undiscounted future expected payments under the TRA

As of September 30, 2020, the undiscounted future expected payments through December 31, under the TRA are as follows (in thousands):

	Amount
2020	$	7,414
2021	1,692
2022	1,748
2023	1,748
2024	1,748
2025 and thereafter	10,931
	$	25,281

Summary of liability related to estimated contingent consideration

The following table summarizes the liability related to the estimated contingent consideration (in thousands):

	TRA		Earn-Out Liability		Contingent Consideration
Balance, June 30, 2019	$	15,378	$	442	$	15,820
Fair value adjustment	1,968		—		1,968
Balance, September 30, 2019	$	17,346	$	442	$	17,788
Balance, June 30, 2020	$	18,845	$	1,822	$	20,667
Fair value adjustment	(521)		14,112		13,591
Balance, September 30, 2020	$	18,324	$	15,934	$	34,258

	TRA		Earn-Out Liability		Contingent Consideration
Balance, December 31, 2018	$	17,168	$	442	$	17,610
IRS Settlement	(2,727)		—		(2,727)
Fair value adjustment	2,905		—		2,905
Balance, September 30, 2019	$	17,346	$	442	$	17,788
Balance, December 31, 2019	$	17,808	$	442	$	18,250
Fair value adjustment	516		15,492		16,008
Balance, September 30, 2020	$	18,324	$	15,934	$	34,258